Post
Topic
Board Securities
Re: [Mpex.co] The biggest scam in bitcoin history?
by
jimmothy
on 27/01/2014, 12:34:16 UTC
Total evaluation: 1,000,000btc vs 37,000btc
Profit split: 85% goes to owner 15% to investors vs 10% owner and 90% investors
I hope you are trolling hard right now; S.MPOE is a stock, and all the profits go to shareholders, there is no cut, while JD takes a cut on profits*.
You also cannot really compare an evaluation to a bankroll.

However I do like the new title. It's funny and a better criticism too.

Quote
Blog fees: 0.01btc vs 0btc
PR fees: 12btc vs 0btc
You have 5 free credits per week (or is it month?) so there aren't enough stocks to need it Cheesy
PR fees are taken from the profits, that is redundant. Why focus on this expense in particular?

* Which isn't bad; since expenses are not taken off investor profits, the site needs some form of income.

I was under the impression that the ~85% of s.mpoe shares which are held by mr popescu are receiving dividends. Are you saying they are not?

Also how is the 12btc/month for pr trolling not coming from investors profits?